Items tagged with GameStop

Android game consoles are trying to take over the living room, or at least co-exist with much more expensive gaming systems. Whether or not the market will react favorably to playing mobile games on their giant screen TVs remains to be seen, but we can certainly say OUYA is off to a promising start now that it's available at retail. There's been a ton of hype surrounding OUYA ever since it's highly successful Kickstarter campaign in which the console's developers raised nearly $8.6 million in funding, blowing way past its comparatively modest goal of $950,000. And that was just the tip of the iceberg.... Read more...
It's never easy to say goodbye, but if you're still sitting on a mountain of PlayStation 2 games, you're quickly running out of time to cash in one final time on the titles you may have grown up playing, at least at GameStop. As of June 1, 2013, GameStop will longer accept PS2 trade-ins of any kind, including games, accessories, or systems. A poster on Reddit snapped the photo you see below, and a quick call to one or more GameStop locations is all it takes to confirm that the new and used games retailer will no longer accept PS2 trades of any kind after the end of this month. Image Source: Reddit... Read more...
Generally you don't bite the hand the feeds you, but apparently Nintendo doesn't feel GameStop provides all that much financial sustenance, hence the console maker isn't thinking twice about competing against the new and used games retailer with lower priced refurbished consoles. That's right, Nintendo is now selling refurbished 3DS and DSi XL game consoles in the U.S., and at prices that are lower than GameStop. Nintendo points out that the ones it's selling are the only refurbished products in the market that have been cleaned, tested, and inspected to meet its high standards. Like Apple does... Read more...
Ouch. There just aren't too many other ways to say it. As the video game world enters a period of rapid transition, the old players are starting to show signs of wear. The home console market just isn't what it used to be, and neither is the importance of physical media and retail shops. As more and more gamers find their fix in mobile gaming, it's getting tougher for the mainstays to remain relevant. GameStop is a company in search of its next move, and it's losing a lot of money as it tries to find it. The company's Q4 2012 earnings saw a loss of $270 million, on sales of $3.56 billion. Consolidated... Read more...
If Paul Revere was still alive, he'd ride through the streets in a Mustang yelling, "The consoles are coming! The consoles are coming!" In his absence, some websites are calling attention to rumors that next generation consoles, and in particular Microsoft's Xbox 720, won't play nice with used games, effectively killing off GameStop and putting a dent into other outfits that sell pre-owned titles. If Microsoft and Sony were to be so brazen as to refuse to allow pre-owned games to work on their respective consoles, it would surely be bad news for GameStop, but even worse for Gamefly, which is essentially... Read more...
New and used games retailer GameStop is planning to close 250 existing brick and mortar locations, according to comments made by company CFO Rob Lloyd at the Goldman Sachs Technology and Internet Conference in San Francisco, California. Oddly enough, while GameStop is declaring it 'game over' for 250 locations, it will also open between 60 and 70 new stores in 2013. There's a logical explanation for why GameStop is both opening new and closing down existing retail stores. "Closing 250 stores enables us to deal with the very small percentage of stores that we have that are unprofitable, but also... Read more...
After being shunned by Target and Walmart, both of which stopped carrying Amazon's Kindle line because of the small profit margin (and because Amazon is major competitor to their brick-and-mortar business model), Amazon is taking its Kindle Fire tablets to GameStop. The new and used games retailer is more than happy to oblige and is already selling the Kindle Fire HD 7" ($200). Those interested in the Kindle Fire HD 8.9" ($300) and Kindle Fire 7" ($160) will find those devices in select stores. It's not such an unlikely match. GameStop recently made a push into tablet territory, recognizing the... Read more...
If your kids, grandkids, nieces, and nephews aren't already into the whole GameStop scene, they might be by the time the holiday shopping season concludes. That's because the new and used gamer retailer plans to open around 80 'GameStop Kids' holiday store locations in select malls throughout the U.S., the company announced. The kid friendly stores will feature lots of themed accessories, plush toys, collectibles, action figures, and of course video games. Specifically, you'll find items like a Chewbacca 9-inch plus, Angry Birds mugs, Minecraft Foam Sword, Batman Beatz Beanies, Stay Puft backpack... Read more...
New and used game retailer GameStop has been eager to jump into the streaming space ever since it acquired Spawn Labs and Impulse in 2011, and come next summer, the company's own cloud-based service will go live. At that time, it will not support consoles, even though that was originally the plan. "Based on consumer feedback, our success in selling mobile devices, and the imminent launch of new consoles, we have decided to move our technology to a PC-based model," GameStop president Tony Bartel said during a conference call." Details are still being hammered and more changes could be made between... Read more...
GameStop makes a killing selling used videogames, but what happens to that business model when digital distribution platforms run physical media out of town? That's not anything to worry about today, tomorrow, next week, or even next year, but at some point, GameStop will have to deal with the direction the games industry is headed, and it may already have a solution. GameStop CEO Paul Raines recently brought up the possibility of reselling used digital downloads. The idea is that GameStop could buy back your digital copy of any given game and then reissue the key to someone else. Obviously there... Read more...
"Adapt or die." It's a phrase used in countless movies and novels, and honestly, it makes sense. And it's the same mantra that GameStop is adhering to. The gaming giant knows that physical game sales are on the decline, and there's only one way to keep those profits up: change the business model. Recently, it announced contract-free SIM service acting as an MVNO, and now, it has announced that it will carry a selection of Android tablets in over 1,600 American stores. The Acer Iconia Tab A200 will go for $299.99, while the Asus TF300T will go for $100 more. Toshiba's Excite 10 is in the mix at... Read more...
Yep, you read that headline right--GameStop is getting into the mobile service provider business, with its new GameStop Mobile MVNO. The company will sell you a SIM card (you’ll need your own unlocked phone) and set you up with a contract-free service plan while it entices you to snap up some used console game titles. GameStop is using AT&T’s network and offers up a variety of plan options, all of which include domestic long distance, nationwide coverage (with no roaming), voicemail, caller ID, and call waiting. There are no activation charges, and you keep your service as long... Read more...
New and used games retailer GameStop is starting to move away from selling titles for Sony's PlayStaton Portable (PSP) game console, instead choosing to focus on newer platforms, like the PS Vita. According to reports, GameStop has removed PSP games from a quarter of its stores, yanking them out of the smallest brick-and-mortar locations. The reason, according to what Kotaku was told by a GameStop spokesperson, is to "maximize the merchandising space in the smallest 25 percent of stores." And for the remaining 75 percent of stores that will continue to carry PSP games, they'll be serving up "a... Read more...
The rumor mill is still churning out quite a bit of information on new consoles this week, including new data on Nintendo's upcoming Wii U. According to unnamed developers, the Wii U actually isn't as powerful as the Xbox 360 or PS3, despite boasting HD graphics and significantly improved hardware. According to Nintendo's public statements, the new console will have 8GB of onboard Flash, a new, Power-based CPU built on a 45nm process. IBM has hinted that the Wii U chip leverages technology found in its own Watson, which would make it a derivative of the Power 7 architecture. There's a substantial... Read more...
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